Breaking: HMN Financial Inc (NASDAQ:HMNF) has hit maximum technical strength -- watch the technical oscillators for momentum gaps. The company has broken out to a five bull momentum rating -- that is extreme strength and through technical resistance.

The risk now is that the stock is overbought, but as of this moment, the price is moving abruptly higher, through resistance, and the bulls are leading the charge.

HMNF is up +3.4% over the last three months and up +0.6% over the last six months. The stock price is up +28.2% over the last year. The current stock price is $18.15.

HMNF Stock Returns

The technical rating goes from a rating of one, the weakest upside technical, to a rating of five,
the highest upside technical. This is strictly focusing on price and technical -- that means we focus on real-time stock price movement and then position it relative to the simple moving averages. To make the technical rating meaningful, the moving averages are also compared to each other.

Technicals | Support: 17.8 | Resistance: 18.342

Golden Cross Alert: The 50 day MA is now above the 200 day moving average.
As we noted above -- the back of the envelope rule here is that when shorter-term moving averages move above the longer-term ones, momentum is building. We have that right now.

Swing Golden Cross Alert: The short-term 10 day moving average is now above the 50 day moving average.
When the shortest-term moving average (10-day in this case) moves above any other moving average (50-day in this case), momentum is climbing.

This is where pivot points reign: HMN Financial Inc has a five bull (top rated) technical rating because it's trading above its 10-, 50-and 200- day simple moving averages and the stock is up 1.68% on the day the day.

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